Which of the Following Are Created When the Costs of Offering

question 42

Multiple Choice

Which of the following are created when the costs of offering goods and services decreases as a firm is able to sell more items?

• A) Economies of cost
• B) Economies of demand
• C) Economies of distribution
• D) Economies of scale
• E) Economies of supply

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Definitions:

Federal Court

A court established by the federal government that has jurisdiction over questions of federal law and disputes between states or between the U.S. and foreign governments.

Diversity Jurisdiction

A legal principle allowing federal courts to hear cases where the parties are from different states or countries and the matter in dispute exceeds a specific monetary threshold.

Damages

Financial compensation awarded to a party in a legal case for losses or injuries suffered due to the actions or negligence of another.

Different States

Refers to distinct regions or territories within a country, especially within the United States, each with its own governance and legal systems.